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Take some profit on COVID-19 stocks: wealth manager

Video Credit: Reuters Studio - Duration: 03:28s - Published
Take some profit on COVID-19 stocks: wealth manager

Take some profit on COVID-19 stocks: wealth manager

Kendall Capital's Clark Kendall says investors should trim their exposure to stocks that have run up on the coronavirus theme such as Zoom and Amazon.

Rather, he tells Reuters' Fred Katayama they should buy beaten-down stocks.

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💡 newsR Knowledge: Other News Mentions

Zoom Video Communications Zoom Video Communications American video communications company

Emergency motion filed to allow districts to delay opening schools until COVID-19 cases decline [Video]

Emergency motion filed to allow districts to delay opening schools until COVID-19 cases decline

Attorneys for the state's largest teacher's union met with a judge via Zoom on Wednesday and asked to allow districts the option to delay the start of in-person classes. Story: https://wfts.tv/3icl9DM

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'No positive response from Mumbai Police': Bihar DGP on releasing IPS Vinay Tiwari from quarantine [Video]

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While speaking to ANI in Patna on August 06, the DGP of Bihar, Gupteshwar Pandey spoke on Mumbai police's move of quarantining Bihar IPS officer Vinay Tiwari. He said, "Mumbai police's move of quarantining Bihar IPS officer is unprofessional. Even, Supreme Court has given its observation in the matter. Still, there is no positive response from them (Mumbai police). I had hopes that they'll free him by evening or night but when I talked to them they told me that Tiwari has still not been freed." Bihar IPS officer Vinay Tiwari came to Mumbai to investigate in Sushant Singh Rajput's death case after late actor's father filed an FIR against Rhea Chakraborty. On Aug 04, BMC Addl Municipal Commissioner wrote to IGP Patna (Central) over quarantine of Bihar IPS Officer, in Mumbai. The letter reads, 'He can conduct proceedings with Maharashtra Govt's concerned officials on digital platforms like Zoom/Google Meet/Jio Meet or other such platforms.'

Credit: ANI    Duration: 02:19Published

Amazon (company) Amazon (company) American technology and e-commerce company

Amazon Wants To Convert JCPenney And Sears Into Distribution Centers [Video]

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Amazon is in talks to convert JCPenney and Sears mall stores stores into distribution centers. The Wall Street Journal reports this move could position Amazon to build out its order capacity amid the pandemic. Amazon is discussing working with US mall operator Simon Property Group to convert mall stores into hubs to help complete Amazon's online orders. Business Insider predicts Amazon would have several deals in the works by the end of 2020 to pick up stores from struggling retailers.

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Bear Grylls says his new show The World's Toughest Race brings out the best in competitors [Video]

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Lizzo heading to TV with Amazon production deal [Video]

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Alan and Alex Stokes Charged With a Felony, Amazon Picks Up 'A League of Their Own' Reboot & More | THR News [Video]

Alan and Alex Stokes Charged With a Felony, Amazon Picks Up 'A League of Their Own' Reboot & More | THR News

YouTube stars Alan and Alex Stokes have been charged with a felony in connection to one of their prank videos, Amazon has handed out a series order for its reboot of 'A League of Their Own' and Hulu has canceled 'High Fidelity.'

Credit: The Hollywood Reporter    Duration: 02:13Published

Fred Katayama journalist

CEOs form group to boost minority hiring in New York [Video]

CEOs form group to boost minority hiring in New York

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Credit: Reuters Studio    Duration: 01:10Published
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Dow, S&P rise; value outperforms

The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower Monday as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a U.S. fiscal support bill. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:30Published
Crisis containment makes Europe alluring: strategist [Video]

Crisis containment makes Europe alluring: strategist

RiverFront Investment's Chris Konstantinos says investors should get exposure to Europe partly because it has done a good job of containing the health crisis, enabling manufacturing to rebound. He tells Reuters' Fred Katayama why Germany is particularly attractive.

Credit: Reuters Studio    Duration: 05:21Published
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Credit: Reuters Studio    Duration: 01:21Published
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Trim exposure to Apple, Microsoft: strategist

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Credit: Reuters Studio    Duration: 04:46Published

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